Pamela McClintock

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A follow-up on yesterday’s post about films being released on all screens, not just theater ones: Netflix is continuing to transform itself into a studio that streams, inking a four-picture deal with the inexplicably popular Adam Sandler. (The first three are rumored to be a trilogy about a golfer who has violent diarrhea competing against another golfer who has violent diarrhea.) From Pamela McClintock at the Hollywood Reporter:

“Netflix has signed a deal to make four feature films with Adam Sandler as the streaming service continues its empire-building and moves into producing original movies that bypass the usual theatrical release.

Sandler’s Happy Madison Productions will work alongside Netflix in developing the yet-to-be announced titles, which will premiere exclusively in the nearly 50 countries where Netflix operates. It’s a significant move for Sandler, a longtime denizen of the Hollywood studio system — a system wedded to playing films first in theaters, not in the home. He’ll both star in and produce the Netflix projects.

‘When these fine people came to me with an offer to make four movies for them, I immediately said yes for one reason and one reason only … Netflix rhymes with Wet Chicks,’ Sandler said in a statement. ‘Let the streaming begin!!!!'”

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From Pamela McClintock’s Hollywood Reporter interview with IMAX Chairman Greg Foster, a passage about the emerging international film markets after China:

Hollywood Reporter:

How much does Imax’s future growth depend on international?

Greg Foster:

About 60 percent of our business comes from overseas, including 20 percent from China. Of the 300 theaters we operate overseas, 125 are in China. We just made a deal to build 125 theaters with Chinese exhibitor Wanda. Rich Gelfond had a strong vision about China and is responsible for our business there. In China this year so far, Imax carried four of the five top-grossing movies: Iron Man 3Pacific Rim and two Chinese movies, Young Detective Dee and Journey to the West: Conquering the Demons.

Hollywood Reporter:

What’s next after China?

Greg Foster:

Southeast Asia is booming, and we want to be a part of that boom. We recently struck a deal to build more than 20 new theaters in Indonesia, further boosting our presence there. Our South Korean presence is also growing, and Gravity recently scored the highest opening average theater gross of any movie in Imax’s history, or $107,900. That’s insane.”

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